Russia: latest retail news, insights and analysis | ESM Magazine

Russia's Magnit Reports H1 Profit And Revenue Jump

Russian retailer Magnit has reported a revenue and profit jump in the first half of this year, boosted by strong sales growth that it said has accelerated...

Russia's X5 Group To Resume Growth Investments After Q2 Profit Jump

Russia's leading food retailer X5 Group plans to resume investments to grow and expand the business after reporting a 79.4% jump in second-quarter net prof...

Russian Consumer Prices Dip Again As Cenbank Rate Meeting Looms

Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed, keeping the door open for the central bank...

Russians Buying Cheaper Food Items As Incomes Fall, Says X5 Group

Russians shoppers are switching to cheaper food items driven by a drop in real disposable income, the country's leading food retailer X5 Group said on Mond...

Russian Consumer Prices Unchanged After Three Weeks Of Decline

Russia's consumer price index was flat in the week to 24 June, having declined for three weeks in a row after a massive spike in March, providing the centr...

Russian Authorities Rebranding Supermarkets In Captured Ukrainian Territories: Report

Russian authorities have commenced rebranding supermarkets that are located in occupied territories of Ukraine, Forbes has reported.

Russian Retail Lobby Requests Tax Cuts To Curb Food Inflation: Report

Russia's major retail lobby has written to the government asking for VAT be reduced on socially important products, the Kommersant daily reported, along wi...

Russia's Vkusvill Launches Nationwide Delivery From Moscow Darkstore

Russian retailer Vkusvill has announced the launch of nationwide delivery from its darkstore in Moscow with two partners for products with long shelf life.